Fed keep lending rate intact 5.25%

Still economy is slowing down, especially in business sector. Business spending in the fourth quarter was weak. Corporate purchase of equipment and software declined at a 3.2% percent annual rate. Shipments in January of non-defense capital goods exlucding aircraft, a proxy for future investment, slumped 2.7%, the most since september 2001. In addition, fourth quarter earning in S&P technology sector was negative. Relative strong unemployment and housing starts number make the outlook uncertain. Still I believe it is tempoarry, maybe due to warm weather and other factors.